AntiMatter - Onchain Defi Derivative Protocol

What humans look for once the basic needs are fulfilled? They start looking for other things which are above these basic survival needs. When food, shelter get resolved, people seek for various sorts of entertainment, luxury, convenience, etc. Hence consumer discretionary industry is multi fold in size to that of essential commodities.

This analogy gets applied to almost every field. If we talk about technology, when people got computers to get their computational work done, the second layer came to picture i.e. internet. Post that, social media became the next big thing and we all know how big Facebook as a whole is. And the best part is, the story never ends. New layers keep on building. If we expand this analogy to the crypto world, DEFI is the biggest revolutionary thing that has happened after the Ethereum platform and bitcoin store of value. Next obvious thing is derivatives on top of DEFI. Here comes an interesting player named AntiMatter ($MATTER).

What is AntiMatter?

Antimatter is a simple lightweight on-chain DeFi derivative protocol based on a polarized token mechanism. It is aiming as perpetual put/option product where anyone can long/short with secondary market opportunities.

Why are we talking about it?

After closely following and doing competitor analysis for the past few weeks, I’ve figured out that this product puts itself in a very interesting proposition. It provides put and call strategies on-chain with perpetual options. The biggest moat for them is that there is no significant player which can provide derivatives for masses without any complexities. Simplicity and normalisation is its key for mass adoption. Giving opportunity to long/short, arbitrage and market making for key coins can give a big boost to the project.

The derivatives industry on DEFI is expected to outreach DEFI itself by at least 4x. If AntiMatter is able to gain market share by unique product proposition and keeping simple UX (which they claim but product not launched yet), it will be one of the biggest projects of the year.

Timeline for launch:

As per their website, their app is ‘Coming Soon’. Their timeline for 2021 is as follows:

Q1- 2021

Launching perpetual Put Option for ETH

Q2- 2021

Perpetual Put Option product for tokens including WBTC

Q3/4 - 2021

Swap platform for tokenised options

To add to that, their tokens are launching on 3 platforms. First of its kind. Triple IDO. They are launching on Polkadot, Binance Smart Chain, Huobi ECO Chain.

Hoping to see it go to the moon!

Website: https://antimatter.finance/
Telegram: https://t.me/antimatterchat
Twitter: https://twitter.com/antimatterdefi